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CAN IMPERIAL BK OF COMMERCE (CM.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:CM - CA1360691010 - Common Stock

127.14 CAD
+0.35 (+0.28%)
Last: 1/8/2026, 7:00:00 PM
Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CM is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CM is one of the better performing stocks in the market, outperforming 72% of all stocks. We also observe that the gains produced by CM over the past year are nicely spread over this period.
CM is one of the better performing stocks in the Banks industry, it outperforms 85% of 22 stocks in the same industry.
CM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CM has an average volume of 2675990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CM has a been trading in a tight range between 124.33 and 128.87.
Weekly and Daily overview Charts
CAN IMPERIAL BK OF COMMERCE / CM Weekly stock chart
CAN IMPERIAL BK OF COMMERCE / CM Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, CM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 128.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 126.74, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

91.59

129.66

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 122.04 to 126.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @92.52 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 128.17 to 128.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CM.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CM.CA is up.
ChartMill Relative Strength72.91POSITIVECM.CA has a high relative strength, it outperformed 72.91% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CM.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CM.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CM.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)57.71NEUTRALThe RSI value for CM.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.3NEGATIVEThe MACD value suggests CM.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)49.19NEUTRALThe Stochastics value for CM.CA is a neutral value.
Average True Range in percent/ATR (20)1.22LOW VOLATILITYThe low ATR as a percentage value for CM.CA suggests low volalility.
Average Directional Index/ADX (14)22.33NEUTRALThe ADX value for CM.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
128.39124.324.07 (3.17%)25.00%
An entry @128.39. This is a Buy Stop order right above the resistance zone.An exit @124.32. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 4.07 points, which is 3.17%.For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CAN IMPERIAL BK OF COMMERCE / CM Daily stock chart

CAN IMPERIAL BK OF COMMERCE

TSX:CM (1/8/2026, 7:00:00 PM)

127.14

+0.35 (+0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.28%
1 Week2.18%
2 Weeks0.12%
1 Month1.68%
3 Month13.7%
6 Month27.09%
12 Month41.91%
2 Year109.25%
3 Year109.32%
5 Year133.33%
10 Year178.69%
15 Year233.4%
Volatility
ATR(14)1.72
ATR(20)%1.22%
ATR Inc4.23%
Range Today1.6
ADR(20)1.49
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.91
3 months CRS76.75
6 months CRS71.18
Mansfield1.33
10 Day High128.6
10 Day Low124.33
20 Day High128.87
20 Day Low124.33
52 Week High128.87
52 Week Low76.17
CS1 End126.74
CR1 Start128.17
Volume & EV
DER(3)-0.29%
DER(5)2.75%
Volume2.85M
Volume Incr-15.1%
Vol(5)2.84M
Vol(50)2.68M

CAN IMPERIAL BK OF COMMERCE / CM.CA FAQ

What is the technical rating for CM stock?

ChartMill assigns a technical rating of 10 / 10 to CM.CA.


What is the current trend direction of CAN IMPERIAL BK OF COMMERCE (CM.CA) stock?

The current trend direction for CAN IMPERIAL BK OF COMMERCE (CM.CA) is Bullish.


What is the RSI signal for CM stock?

CAN IMPERIAL BK OF COMMERCE (CM.CA) has an RSI value of 57.7115. This indicates that the stock is currently neutral.


What is the MACD signal for CM stock?

The MACD indicator for CAN IMPERIAL BK OF COMMERCE (CM.CA) has a value of -0.302249, indicating a bearish trend.


What is the buy/sell signal for CAN IMPERIAL BK OF COMMERCE (CM.CA) stock?

The buy/sell signal for CAN IMPERIAL BK OF COMMERCE (CM.CA) is buy as both the short term and long term trends are positive.